# Siemens Gamesa completes acquisition of Ria Blades from Senvion Portugal

Siemens Gamesa Renewable Energy completed the acquisition of Ria Blades, S.A. from Senvion Portugal S.A., as part of a broader deal to acquire Senvion assets for €200 million.

- Type: Acquisition
- Announced: 2020-04-30
- Where: Vagos, Portugal, Portugal
- Value: $217.0M (200.0M EUR)
- Jobs: 2,000
- Status: completed
- Products: wind turbine blades
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens Gamesa Renewable Energy](https://endata.com/companies/3169.md) (acquirer)
- [Senvion](https://endata.com/companies/27535.md) (target)
- [Ria Blades](https://endata.com/companies/46881.md) (target)
- [Senvion Portugal](https://endata.com/companies/46882.md) (partner)

## Sources

- [in.marketscreener.com](https://in.marketscreener.com/quote/stock/SIEMENS-GAMESA-RENEWABLE--140594/news/Siemens-Gamesa-Renewable-Energy-S-A-completed-the-acquisition-of-Ria-Blades-S-A-from-Senvion-Por-33890616/), 2020-04-29: "Siemens Gamesa Renewable Energy, S.A. completed the acquisition of Ria Blades, S.A. from Senvion Portugal S.A."
- [siemensgamesa.com](https://www.siemensgamesa.com/global/en/home/press-releases/200430-siemens-gamesa-ria-blades.html), 2020-04-30: "Siemens Gamesa Renewable Energy today announced the final acquisition of all shares in Ria Blades, S.A., the business entity which owns and operates the onshore wind turbine blade production plant in Vagos, Portugal"
- [power-technology.com](https://www.power-technology.com/news/siemens-gamesa-acquires-senvions-ria-blades-factory-in-portugal/), 2020-05-01: "We are pleased that we were able to complete the acquisition process so constructively together with our new colleagues and partners."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.